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10 sats \ 10 replies \ @grayruby 14 Feb \ on: CNBC’s Official NBA Team Valuations 2025 Stacker_Sports
They don’t make a lot of EBITDA considering the valuations.
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It's for the prestige. Heck if I had the money I'd buy an nba team even if the rate of return was close to 0%, I just need it to fund its own operations I don't need a profit
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Yep!!! I’m super surprised Tillman didn’t bring back Houston’s… I remember going to games as a kid… we won 4 championships in a row and then folded just a few years later. Since he owns the Rockets and the arena he would essentially use the NBA to subsidize the WNBA team lol